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World news
Luxury Retail Stocks Paying Off In 2021
March 18, 2021 11:54 AM AEDT| By Mark O'DonnellSource: Mihai_Andritoiu, Shutterstock Summary Luxury retailers have performed surprisingly well over the past year and a half, attracting customers and investors. LVMH has a wide range of products and customer base to weather downturns in...
US Markets End Higher After Fed Statement, Stocks Trim Losses
March 18, 2021 08:40 AM AEDT| By Team Kalkine Mediacan Airlines Group secures $10 billion loan to pay-off its government debts. US stocks edged higher on Wednesday after the Federal Reserve highlighted the growth momentum in the economy and kept the interest rates steady, and tech, consumer cycl...
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Australia sends 8000 vaccines to PNG, requests AstraZeneca to send 1 million more jabs
March 17, 2021 09:05 PM AEDT| By Team Kalkine MediaSource: insta_photos, Shutterstock Summary: Australia has requested AstraZeneca to send one million doses of vaccine to PNG. It will also provide masks, sanitiser, ventilators, gowns, and other essentials. The island has 2,351 confirmed cases,...
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Kiwis Rejoiced St. Patrick’s Day With Policemen On Guard
March 17, 2021 06:53 PM AEDT| By Team Kalkine MediaSource: Ryan McCarrel, Shutterstock Commonly known as the Feast of Saint Patrick, St. Patrick’s Day was celebrated in New Zealand on 17 March. Source: © Shootalot | Megapixl.com St. Patrick’s Day marks the celebration of St. Pat...
New Zealand’s first carbon auction receives massive response
March 17, 2021 06:05 PM AEDT| By SonalSource: Kodda ,Shutterstock Summary NZ’s first auction of emission allowances happened on 17 March. 7 million units were sold in NZ’s first carbon auction. The NZ government made changes to auction process in 2020 as it intro...
Would The Rise In NZ Coal Imports Pose A Threat To Its Low Emissions Goal?
March 17, 2021 12:51 PM AEDT| By Team Kalkine MediaSource:Wojciech Wrzesien, Shutterstock Established in 1993 as the Association of Consumers and Taxpayers, ACT’s representative Simon Court opined that the agency feels mocked every time when the NZ government claims of working towards a carbon...
Electric Revolution For European Automakers In The Next Decade
March 17, 2021 11:55 AM AEDT| By Mark O'DonnellSource: temp-64GTX, Shutterstock Summary Public and investor sentiment indicates that EVs would be the future of private transport. Government regulations coming into force worldwide is helping to accelerate the adoption of EVs and forcin...
US Stocks End Mixed Ahead Of Key Fed Meeting
March 17, 2021 08:57 AM AEDT| By Team Kalkine MediaSource:Chaiyapak Mankannan, Shutterstock Summary S&P 500 dropped 0.16%, Dow Jones ticked down 0.39%, and NASDAQ gained 0.09%. Technology, utilities, and real estate stocks edged higher amid a lacklustre session. Nokia to layoff at least 1...
Australian & NZ Dollars Hold Up Ahead of Fed’s Monetary Policy Meeting
March 16, 2021 06:23 PM AEDT| By ManikaSource: wutzkohphoto, Shutterstock Summary Fed’s monetary policy stance to have an influence on the currency market. Currency market investors are on the wait-and-watch mode. In the past weeks, several currencies have shown weakness aga...
Australian farmers get a boost as Asahi set to buy barley directly
March 16, 2021 05:57 PM AEDT| By Team Kalkine MediaSource: Stef Oostvogels, Shutterstock Summary More than 90 percent of Asahi's barley will be supplied directly by Australian farmers to meet quality and sustainability requirements of the company. Asahi will set some quality parameters for bar...
COVID-19 vaccine -How is the future looking for business?
March 16, 2021 05:36 PM AEDT| By RomaSource: Edu Terrataca, Shutterstock Summary The global vaccine market is going through serious competition right now. The vaccine market is expected to surge till 2026, with a drop in 2022. Several global challenges are being faced in terms o...
China tightens the noose on Alibaba, tells it to divest media assets
March 16, 2021 04:10 PM AEDT| By Aayushh. These stakes are viewed unfavourably by the Chinese Communist Party. The Chinese government has ordered Alibaba Group Holdings to sell its media assets as officials were concerned about the technology giant's hold over public opinion in the...
COVID-19: How Well Have The Vaccine Makers Performed?
March 16, 2021 04:05 PM AEDT| By Mark O'DonnellSource:Dimitris Barletis ,Shutterstock There are currently four major vaccines rolling out around the world. Some of these vaccines have been developed by companies that are listed on exchanges. The amount of business these companies are doing right...
Commerce Commission- First Lockdown stimulated the growth of fixed broadband data usage
March 16, 2021 03:55 PM AEDT| By SonalSource: asharkyu ,Shutterstock Summary Commerce Commission released a Monitoring report, which showed growth in fixed broadband usage amid first COVID-19-induced lockdown. There has been a shift to endless or unlimited mobile bundles. Re...
More EU nations suspend AstraZaneca’s vaccine amid growing blot clot concerns
March 16, 2021 02:13 PM AEDT| By Team Kalkine MediaSource arda ,Shutterstock Summary Major EU nations, including France, Germany, and Italy, have stopped the rollout of Oxford-AstraZeneca’s COVID-19 jab amid blot clot concerns. Meanwhile, the WHO and EU medicine regulator emphasised...
Food Delivery: Which Company Is Winning The War?
March 16, 2021 11:59 AM AEDT| By Mark O'Donnella wide margin but has not made any inroads in markets outside its home country. Food delivery services have hit their stride over the past few years. In 2020, the lockdowns enacted around the globe in response to the pandemic have been a signif....
US Stocks Edge Higher After Utilities, Consumer Cyclicals Rally
March 16, 2021 08:37 AM AEDT| By Team Kalkine MediaSource: Vintage Tone, Shutterstock Summary S&P 500 rose 0.65%, Dow Jones was up 0.53%, and NASDAQ gained 1.05%. France, Italy, and Germany halt AstraZeneca shots after blood-clog reports in patients. Stripe becomes Silicon Valley&rsq...
If Netflix Has Its Way, You May Soon Need Your Own Account
March 15, 2021 11:08 PM AEDT| By Suhita PoddarSource: panuwat phimpha, Shutterstock Summary Netflix is devising a way to crackdown on password sharing. Some users reported seeing a pop-up on their screens asking them to have own accounts if they did not live with the owner of the account....
How is US Dollar index faring today?
March 15, 2021 08:17 PM AEDT| By Team Kalkine MediaSource: Mehmet Doruk Tasci, Shutterstock Summary Friday saw the US dollar index riding higher on the back of surging yields and improved economic conditions in the US. The AUD/USD pair fell 0.4% on Friday while the June US Dollar index futures...
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NZ rural communities disappointed by shutting down of banks’ branches
March 15, 2021 03:17 PM AEDT| By Team Kalkine MediaSource: Worawee Meepian, Shutterstock Summary There has been increased usage of online banking, accelerated by COVID-19, leading to shut down of bank branches. ANZ, ASB, Westpac and BNZ have closed a lot of regional branches amid this trend....
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